Economics of Exchange Rates
Language: English
Published by Cambridge University Press, Cambridge, 2002
- First Edition
- Softcover
- Used
Seller: Webbooks, Wigtown, Wigtown, United KingdomWebbooks, Wigtown
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From an academic library with the usual stamps etc. This item is heavy and will attract postal surcharges. Covers have been laminated.
Seller Inventory # A00024163
- Title
- Economics of Exchange Rates
- Author
- Sarno Locio and Taylor Mark P
- Publisher
- Cambridge University Press, Cambridge
- Publication year
- 2002
- Condition
- Good
- Dust jacket
- No Jacket
- Book Type
- A00024163
- Binding
- Soft Cover
- Language
- English
- ISBN 10
- 0521485843
- ISBN 13
- 9780521485845
- Edition
- First Edition.
"Synopsis" may belong to another edition of this title.
Review
'This is a text around which one can build a fine graduate-level course in international finance. The material in this text fits the needs of scholars for a state-of-the-art coverage of the best thinking on exchange rate economics. With topics like New open-economy macroeconomics and Official intervention in the foreign exchange market it should be clear that this book is broad in its scope and delves deeply into the area going well beyond the determinants of exchange rates. The authors pay careful attention to pedagogy with patient, in-text explanations of technical details like Ito's Lemma and excellent appendices on related issues, including Jensen's inequality and GMM estimators. The patient and detailed explanations of technical issues related to the core topics make the book self-contained. The authors have been on the frontiers of research in this area, and this new text clearly reflects their mastery of the subject. I highly recommend this text to both students and scholars of international finance.' Michael Melvin, Arizona State University
'This is a superb volume that should and will be featured on reading lists for years to come. It will also be valued by market participants, policymakers, and their staffs. This is because the book is very well written and brings a focus and organization to the subject that draws on the decades of experience and contributions of the authors. I especially value the synthesis of the empirical and theoretical literatures on exchange rate determination, market efficiency, the new open economy macroeconomics as well as the up to date discussion on the economics and econometrics of exchange rate forecastability. The Economics of Exchange Rates is the first essential volume on this subject in a decade' Richard Clarida, Columbia University, NBER and CEPR
'This book is a breath of fresh air. It's current. It's comprehensive. It's going to be a delight to teach from. I look forward to its success.' Richard Lyons, University of California, Berkeley
'Sarno and Taylor develop carefully all the exchange-rate research issues of the last 20 years - from historical background through modern-methods applications up to empirical results. The Economics of Exchange Rates will be indispensable on the bookshelves of academics and international policymakers.' Robert P Flood, Editor, IMF Staff Papers
"About the title" may belong to another edition of this title.
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